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. maybe this shows it is very positive from the standpoint of the economy, if you use dynamic scoring. if you use statics deploring it is not and cannot so well. -- static scoring it is not going to come out so well. i have a question for the other witness. you said this in your statement tionhis is aasnab. the obvious question is whether or not there are sufficient jobs for average americans and illegal immigrants. the answer is no. >> as i indicated to us recently. latere have a participation rate we have a supply of low-skilled labor. it appears that what do is leapfrogging those individuals. we have millions upon millions of americans, not just black americans, but millions upon millions who do not have a job right now. i think it is a good idea to inform -- to reform immigration system but regard must be given to the fact that we have an over abundance of people not working today. we are at rates we have not sn in 80, 75 years. it is astonishing. if we have regularize asian of a greater pool of individuals who can compete on a one by one basis with americans here today those indi
economy looks like. and as life changes, fidelity can help you readjust your investments along the way. refocus as careers change and kids and head off to college. and rebuild your plan. wherever you are today, fidelity's guidance can help you refine your personal economy. turn here. >> at union bank, our relationship managers work hard to know your business. offering specialized solutions and capital to help you meet your growth objectives. we offer expertise and tailored solutions for small businesses and major corporations. what can we do for you? and now bbc world news america. world newsbbc america. reportingrong am katty kay. they hav endured. residents of boston have been warned not to go outside as police search for the suspect in the boston marathon bombing. the father of the boys defenses son -- his sons. >> only god almighty knows what really happens. >> we still do not know what motivated the attack. did the brothers of the lawn or is it part of a wider terror -- did the brothers act on their own, or is it part of a wider terror plot? we talk to the man in charge of homelan
're going to talk markets, the economy and much, much more. stay tuned for that and a lot more. >>> welcome back. now to the markets. it's going to be a big weekend ahead. joining us, lou brian. lou, place your betts. more likely up or down for the dow this week? well, you know what? i tend to look technically at the s&p instead of the dow. >> how about the s&p? it's a broader market index, even better. >> all right. i think that the interesting thing is that where the s&p held last week, this 1540 is a mark that held in march and early april and, again, last week, we went just a little below it. also in play around that level is the 50-day moving average which held the market a couple of times. if you're looking to get long on a tray, that's not a bed level because you kind of know where you're wrong when it goes underneath that. i think the interesting thing with the stock market is that it's really the only market right now that's playing along with the fed's qe brochure. don't fight the fed. buy on fed accommodation. the crude oil, the gold, copper, various commodities are lower since t
$100, and in september of 2011, copper price a reflection of the week call for the global economy, china news earlier this week, bearish, copper prices down 6%. if you're looking for gains, the agricultural sector saw some, and, and natural gas of 4 present. and someone you did the action in today's session. and $100 from the close of around $400 a troy ounce. and gold will average 1450 a troy ounce, in 2014. we also see reports of stronger jewelry demand, gold has come down significantly, some buyers stepping in at these levels and copper falling out of favor of this week on weaker reports out of china and also copper is down 6%. lots of volatility, wrapping up the week more muted reaction. melissa: let's check the markets and go to the stock exchange. lauren simonetti is standing by. >> the volatility sandra is talking about is the volatility we are seeing here on wall street. what a week. the dow can't seem to stay or get into the positive at this hour but the nasdaq and the s&p are higher, this has been the worst week of the year for all three major averages, the worst week si
, to disrupt them, to even disrupt your economy, an argument you often hear about 9-11, that it was much to have an impact on our economy as it was on our fears? >> i can't speculate about that. i think all i've been focused and our partners and the business community is try to get the aid to the victims. these victims' lives will be affected just from showing up at a marathon, it seems tragic. siphons will rally and help all these folks, both the business community, sports community, everybody is rallying around. >> neil: it must be a bipartisan rally because bain capital is the mitt romney-inspired firm. is there a sense that you get that invariably, the political snipeing has ensued about what the government knew and when about the culprits behind this attack, whether local authorities in boston should have given the all clear when minutes later, there was a shootout in watertown. as a bostonnian yourself, what do you think of all that, just how local officials responded, whether they, you know, blew the relief whistle a little too early last night, everything ended up okay, but it co
: seasonally strong time of year for home sales. overall, the u.s. economy is running below its historical trend. this is a study done by the index. my next guest says the economy sluggish growth may be the most ideal condition for investors. joining us is now jack. welcome to you. >> thank you, lori. lori: you see this as a prime opportunity. some new investment dollars could go into the stock market. >> yes, potentially. fair value in the market is probably about 1520. we are slightly ahead of that. we have a lot of favorable factors. one, keep money. we have stocks that look cheap. if we can get confidence, you know, of investors, but also builds confidence picking up, i think you could see treasurers and armature treasurers start to exploit that difference. as long as the fed keeps the backdrop in place, then the market can go higher. we do not want to fall into a double dip type of scenario. on the other hand, we do not want anything too strong to suggest that perhaps the fed will take its foot off the accelerator. lori: if you have new money to invest, what type of stocks would you p
economy still in front of us that we need solutions for. and i think the women can very much be part of that debate in bringing it forward. >> i've always been struck by the fact that even when there weren't 20, that the women senators have always bonded across party lines. and across ideological lines. i know that lisa murkowsky's vote against gun background checks was a big disappointment to many of you and she was supposed to be the host of tonight's get-together until it was moved to the white house. and heidi heitkamp, how difficult might that conversation with with the white house. we told that the white house was very angry with her to have voted against the background checks. >> you know, andrea, both heidi heitkamp and lisa murkowsky voted for the gun trafficking bill. there was a measure that they were willing to support to end gun trafficking, straw purchasing, pro enforcement measures. so i think there's bipartisan support for these bills, i think we can find consensus going forward and we have to work a little harder. i find the women to be very open to these issues and
will not be at jac jacn hole sim this year. my next guest said that we're seeing a slowdown in the economy after a stock first quarter, joining us, wells fargo chief economist, john sylvia, you see a slowdown here? >> there is a slowdown that is what bothered market, stock market a little bit, we a single family housing stocks, retail sales disappointing. building into the commodity market, chinese economic growth is disappointing. people at the inning of year think this economy will take off, and earnings will be strong, then as year goes down they tamper down those expectations. >> you know there is one stock that stands a metaphor, caterpillar, we see them with disappointining results off 42 their earnings, because they are off in the mining sector, but they tell us about good news, just the op ship of what said in -- opposite of what you said in china in their outlook. >> caterpillar is a true global business, they have a lot of infrastructure, a lot of mining and lot of development in many of the asian economies, looking at u.s. companies as traditional as manage mcdonald's and coca-ca ha
: thank you for coming on. dagen: government funding is a nonstarter, not a kick starter for the economy. that will not get in the way of the white house trying to spend more money speak that is true, dagen. people in a sense almost do not real. government spending went to this huge peak after tarp. over 25% of our economy. it has now fallen as a share of gdp. we are down close to 22% of gdp. it is still too big. government is actually falling as a share of gdp. first-quarter, the quarter that we just finished will get data for that in about a week. we are expecting about 3% growth. that is pretty good news from the economic front. dagen: is that already factored into this stock market? >> well, at least in the short term i think you are right. i believe the stock market itself is undervalued considerably. in other words, if you go back to early 2009, it is really the rise in profits that has driven this market. if we get any extension, what the investment community called multiples, the stock market could go even higher. the dow is worth it fair value 18,500. we have these pullbacks eve
and pursuing the comgo f overyears, fidelity investments, union bank, your personal economy is made up of the things that matter most, including your career. as those things change, fidelity can help you adjust your retirement plan. rethink and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices that can fit your personal economy. fidelity investments. turn here. >> bbc world news was presented >> bbc world news was presented by kcet, - hi, neighbor! today at school, we're choosing something new for the playground! swings or slide! they're both fun to play on! and then, we get to choose a new class pet! be right back. is made possible in part by... the richard king mellon foundation. dedicated for over sixty years to south western pennsylvania's quality of life, and competitive future. and by these pittsburg foundations. working together to enhance and enrich the lives of children for more than seventy-five years. and he arthur vining davis foundations. dedicated to sengthening america's future through education. adcasting
the winners or losers on april 29. >> finance ministers of the g-20 economies are softening their line on austerity. had a policy meeting in washington, d.c., they have agreed to set -- not to set hard targets. the discussions were dominated by talk of the struggling eurozone were harsh austerity measures have failed to lift the region out of its economic troubles. the german finance minister defended berlin's demands that the eurozone's troubled economies continue to cut spending. german shares fell for a sixth day in a row. their longest losing streak since november 2011, that amid disappointing earnings statements from some of the nation's largest companies. our correspondence sent us this summary from frankfurt. >> in the first quarter 2013, the software company has not been able to reach its goals, especially because of a far weaker than expected business in asia. sales have been far under estimates, and investors have been disappointed. they dragged down s&p shares by more than 2.5%, making them the leading loser -- >> saying the by a little early from frankfurt. let's take a clo
have got your's -- europe's third-biggest economy facing problems. what is the likelihood that things will get worse still? >> it is tangible tonight if you are standing outside the parliamentary building. there are thousands gathered in protest. ofs is a country in the grip a serious depression. this economy, 35% of people between the ages and -- of 15 and 25 are out of work. -- thereno indication is many people who feel the political parties are completely detached from the problems of those living there. >> thank you. keeping us up-to-date on the turmoil over the latest italian politics. we go to the u.s.. people in the city of boston are breathing a collective sigh of relief after the arrest of the second suspect in monday's boston marathon bombings. investigators are waiting to interrogate dzhokhar tsarnaev, who is lying seriously injured in a boston hospital. the 19-year-old and his brother are believed to have killed three and wounded more than 170 others. the police are trying to work out what exactly their motive was. >> the spectacular manhunt came to an end here. police sur
. rather, we have the week numbers out of the chinese economy early last week. they are pretty much bearish on all of the commodities. they are saying that gold may turn around. connell: thank you, sandra. let's turn to brian jacobson a busy day in the markets overall. it is always good to have you on, brian. let me start with what sandra identified. the goldman sachs turn on gold. maybe we see the bottom. are they right about this? >> well, i do not think they are right about it. i do not view it as an investment. i view it as a spallation. i think a longer-term trend is for gold to be on the duke line. there are people calling for gold to go higher. short term, we could maybe see the european central bank ease a little bit more. eventually, that will come to an end. i do not think it is a trained eye would want to get on right now. connell: it could have some implications four other markets. for example, i have seen you writing about the fact we are riding a bull market for the u.s. dollar. >> exactly. i would expect if the dollar will strengthen over the longer-term, gold should week. th
-blooming self-starters. it's the latest chapter in his look at older workers in the american economy and all part of his on-going reporting "making sense of financial news." >> look at this nice, tight stomach with the abs which you could grate cheese on. >> reporter: at 55, judi henderson-townsend is working with a much younger crowd. >> it's like living in the land of dorian gray here. nobody ever ages. >> reporter: after a career spent working with stiffs in the corporate world, says townsend, she started mannequin madness. >> i sell mannequins, i rent mannequins, i repair mannequins, i blog about mannequins. here in our warehouse, we recycle them for the stores for free and then we resell them or rent them to other people. >> reporter: so you mean all those good looking folk back there were going to be dumped. >> those were going to be tossed into the landfill because the store didn't need them anymore. they're just maybe a few years old, but structurally nothing is wrong with them. it's like having a pre-owned lexus. >> reporter: townsend thinks she's modeling a trend: the rise of the m
. that will be the biggest day for me because they're the big indicators of how the global economy is doing overall. speaking of the global economy, caterpillar if this was clearly a disappointment and the guidance was disappointment and they telegraphed it a little and the stock's been up and the dow this morning and the two things here, number one, he's coming on and talking about stability and that's the key word on our air on cnbc and a lot of people have noted the drop in mining. mining was down 25%. sales in the mining division, second most important was down 25%. i think a lot of people have got that already set up. remember, this is heavily shorted stock and it was $100 two months ago and it's $80 today and a lot of people anticipated what's going on. let me mention apple very quickly. the hope here is for a special dividend, increase the dividend to over a 3% yield and start with the big buyback. that's the big hope there. nobody's expecting them to blow the cover off of any of these numbers and all of them have been coming down. >> guys, back to you. >> watching microsoft continue to gain now up 4.
when we return. (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. ...and we inspected his brakes for free. -free is good. -free is very good. [ male announcer ] now get 50% off brake pads and shoes at meineke. >>> prosecutors are calling it the worst terror attack on u.s. soil since 9/11. the charges filed against him yesterday. it could bring him the death plen penalty. is the case against tsarnaev a slam dunk? my next guest says maybe not. we appreciate you being with us. do you think this young man can blame the whole thing on his brother? certainly from what we're understanding, jake tapper reporting from one government source, it was basically it was his brother who was taking the lead on this and he was kind of following. do you see that as part of -- ultimately what could be part of a defense strategy? >> it could be part of a defense strategy. it is difficult to second guess what another lawyer may do or may not do. certainly, there are some indications in this case that that defense will at least be thorou
is broken. it doesn't meet the needs of our economy and security. we need to move forward with this debate on how to make sure that our immigration system moving forward does meet the needs. >> i'm hearing it sounds like a lot of the things i heard after 9/11 which is that you think really what is broken here when we are talking about this specific case is interagency cooperation. >> we have made great strides over the last ten or 11 years making sure there is better cooperation and communication. more needs to be done. in the case of boston the two suspects we weren't able to track their movements, what they were doing and making sure that we had a handle on some of the folks that did have the opportunity or the proclivity to be involved in terrorism activities. >> if you watched yesterday some serious fireworks during the judiciary committee hearing. let me play that for folks. >> if you have ways to improve the bill, offer an amendment when we start mark up in may. i say that particularly those who are pointing to what happened, the terrible tragedy in boston as i would say an excuse fo
here. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer for 1.99% financing during our certified pre-owned sales event through april 30th. very logical thinker. (laughs) i'm telling you right now, the girl back at home would absolutely not have taken a zip line in the jungle. (screams) i'm really glad that girl stayed at home. vo: expedia helps 30 million travelers a month find what they're looking for. one traveler at a time. expedia. find yours. [ dog ] you know, i just don't think i should have to wait for it! who do you think i am, quicken loans? ♪ at quicken loans, we won't make you wait for it. our efficient, online system allows us to get you through your home loan process fast. which means you'll never have to beg for a quick closi
on "starting point." ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. i work for 47 different companies. well, technically i work for one. that company, the united states postal service® works for thousands of home businesses. because at usps.com® you can pay, print and have your packages picked up for free. i can even drop off free boxes. i wear a lot of hats. well, technically i wear one. the u.s. postal service®, no business too small. >>> welcome back to "starting point," "minding your business" this morning. stock futures pointing to higher open. it would be a rebound from big losses last week. dow up and opens for real in two hours. $333 million. that's one estimate of how much it cost to shut down boston for the die. the area produces $325 billion worth of goods and services every year. that's a little less than a billion dollars a day. the ninth largest gdp in the country and friday everything stopped. businesses, public transit, colleges, shopping centers shut. now many people were at home. but others could
strengthening our borders and our economy when i see you next, kyla campbell, ktvu channel 2 morning news. >>> they are talking about the battery system used in boeing dreamliner jets. the national safety board wants to know how it went unnoticed but the problem grounded those jets three months ago. they approved a redesign system and they are reinstalling those which had been in operation around the world. >>> we are also hearing the first reports of flight delays because of those furloughs and it is part of the budget sequester cuts. and up to 3 -- there are up to 3 hour delays in los angeles, but he many must take one unpaid day. we found out san francisco has 38 traffic controllers and 38 will be furloughed daily. there are 18 traffic controller at san jose's airport and two or three of them will be furloughed as many as every day. >> sal? >>> right now we are looking at a pretty good commute and we will be starting with interstate 880 and oakland and you can see it is definitely getting more crowded and this is the time when more people are getting on the road and if you are driving
economy work and define those things that are going to lead our country forward. it is a privilege to be here with you talking about ideas from the working families flexibility act that you are working hard on and i'm a proud co-sponsor but also ways we are going to find solutions for people across this country who are raising families, trying to pay for college trying to pay the energy bill for the month. mr. gardner: we have an incredible opportunity to get government out of the way and let america work, to unleash the entrepreneurs around this great nation over the past several months over the past couple of years, we have held dozens of town meetings, whether they are in southeastern colorado, northeastern colorado, the denver metro area, the new parts of my district, talking to families, talking to people who are struggling to make ends meet. people who have had to pick up a second job just to pay the bills. and as we talk tonight about making life work and i believe #makinglifework and i would like to hear from people around the country how we an help be a part of these solut
in a far quicker way to satisfy the needs of a modern economy but the big thing government has to do is stop spending money on things that don't matter. this matters. innovation matters don't do things that a clematis -- commodities vegas investment changes the game. liz: and the stock is up year over year but we watch this closely and oracle of the competitor up 11% so you are doing better. the closing bell rings in 70 minutes. talk about a splash, see world jumps more than 25 percent of the stock market debut. yes they launched the ipo date to doubt the negative news flow and went for a. entertainment joins us next so why was now the good time to go public?@ and as we told you the developing news this hour the boston red sox game against kansas city royals cancelled tonight. you are looking at a live shot of a very empty fenway park just a few miles away from a massive manhunt in watertown and cambridge and will remain empty tonight. no game and the bruins hockey game also canceled for all the developments on fox business. dow jones industrial average up 14 points. 've known? we ga
. indeed, our affordable universal service is crucial to the american economy and to american businesses that generate 95% of all mail. my written testimony offers a comprehensive set of options to restore the postal service to solvency. this morning i will cover, this afternoon i will cover the issues you specifically asked me to address in your invitation. on cost savings, the nalc and the other postal unions have contributed billions in savings through collective bargaining. that process concluded for just 12 weeks ago. the new nalc contract emerged from interest arbitration that focused on the financial condition of the postal service that led to award if you want to provide postal service with huge savings in the years to come. as we did during the great recession when we worked tirelessly with management to adjust routes to respond to mail voe' done, more must be done and congresseeds to do its part as well. i will highlight two cost reforms from the written testimony. first congress should repeal or dramatically reduce the retiree health prefunding mandate that caused over 80% of
weaker economies. and when you get the imf admitting that austerity isn't the way, and i don't disagree. if you didn't do reforms and you didn't do pro growth, all three ingredients needed to make a growth economic cake, i shudder to think what happens next. many suspect moody's may downgrade spain. >> with all of that said, stephen, how do you want to allocate capital right here? >> i think you need to look into equities. it's very interesting. look at the 1,000 and 2,000, large and small cap space, but also defensive versus dynamic, the rally we've seen has been very strong. it's had this very defensive tam boar tambor. it's like this sub tub city -- city constitution effect. global economics, look at the u.s. first. name by name basis. emerging markets. i would think global bonds. longer term investors, commodities from a valuations perspective look attractive. >> commodities? gold? >> not necessarily gold. >> oil? >> dr. copper. the valuations are beginning to pull in a little bit if you've got three to five years which maybe a lot f of people don't have. if you're a longer investor
's "newshour." >> major funding for the pbs newshour has been provided by: ♪ ♪ moving our economy for 160 years. bnsf, the engine that connects us. >> and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> brown: the chechen-american teenager accused in the boston marathon bombings now faces a possible death sentence. the filing of charges today officially moved the case into the federal courts, even as the city began returning to normal. dzhokhar tsarnaev was arraigned this morning, at boston's beth israel deaconess hospital, where he remained in serious condition. a short time later came word of the complaint, filed by the u.s. justice department. it formally charged the 19-year- old with conspiring to use a weapon of mass destruction, potentially, a capital crime,
are characterizing this as a real threat to kill people, hurt economy.and a threat to the you know, they are cautious in saying that this was an imminent threat but it was not an aimminent but no less a very real threat. what's interesting here, jake, is they refused to release any information regard the search warrants. i tell you they have a good handful of plots under surveillance right now, and i've been briefed on a few of them. what they do is they continue from the very instant they seize on communication or anything that is suspicious, they then start to try and gain the authority to be able to bug their mobile phones, bug their homes, do whatever they need to do to keep the public safe. it seems to be what's happened at this point in time. they still say that the searches -- that the execution of those search warrants is ongoing, which is key what they find there. will they find explosives, the beginnings of a bomb, or will they find more stuff on computer hard drives, phone calls in question, things like that which would make the plot more aspirational. the other thing is, jake, they said t
irrelevant here. we'll have that next. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. see lioutdoors, or in.ight. transitions® lenses automatically filter just the right amount of light. so you see everything the way it's meant to be seen. maybe even a little better. visit your eyecare professional today to ask about our newest lenses, transitions vantage and transitions xtractive lenses. experience life well lit. ask which transitions adaptive lens is best for you. to your table for a limited time! it's our seafood dinner for two for just 25 dollars! a handcrafted seafood feast made to share. first you each get salad and unlimited cheddar bay biscuits. then choose two from a wide variety of chef-inspired entrées like our new honey garlic crispy shrimp or new seafood lover's linguini. round out your seafood dinner with your choice of either an appetizer or dessert to share! don't miss our seafood dinner for two, just $25 at red lobster, where we sea food differently. all stations come over todinner mithis is for re
trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> we showed you this at the top of the hour, fenway park. this is one of the most visible signs that boston is beginning to heal. right now, fenway park is alive with red sox fans cheering on their home team and their hometown. the world is cheering on boston and the red sox. poppy harlow joins me live at the ballpark. poppy, would i want to be the team that beats boston now? >> reporter: i do not think you would, don. all is fair in love and war in professional sports i suppose, but i don't know, this is a city, a country rooting for the boston red sox. this is the first home game since the bombing at the monday marathon. they have a tradition of having a morning home game before the marathon on monday and then running the marathon. and it is this entire citywide celebration. this is the first time back at fenway. want to show you this poster. people walking in holding this, boston strong. and you see from the video all of the people extremely excited and proud to be bostonians. special ceremony
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. lookin' good, flo! feelin' good! feelin' real good! [ engine revs ] boat protection people love. now, that's progressive. call or click today. >>> i'm wolf blitzer reporting live from boston. fredricka whitfield is joining us from the cnn center in atlanta. we have new information we're watching right now. we want to share with you about the boston marathon bombing investigation. cnn can exclusively reveal that the alleged bomber tamerlan tsarnaev had video of a known jihadist on his personal youtube channel. the video is of a man named abu dujana. he was killed by russian forced last december. he died in the capital of dagestan, which is in russia, where tamerlan's father currently lives and where tamerlan spent at least some time, maybe six months, if not more, in 2012. cnn cannot confirm that tamerlan and abu dujana actually met in pakistan. the video had been deleted from tamerlan's youtube account but was tracked down by cnn. here's the latest information on tamerl
. as your life changes, fidelity is there r your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. what thats's great. it won't take long, will it? nah. ok! this won't take long, will it? no, not at all. how many of these can we do on our budget? more than you think. that didn't take very long did it! this spring, dig in and save. that's nice, post it. already did. more saving. more doing. that's the power of the home depot. dig in and save with earthgro mulch, a special buy at 3 bags for just 10 bucks. [ male announcer ] purpose elevates what we do. raises it to a more meaningful place. makes us live what we do, love what we do and fills our work with rewarding possibility. aarp connects you to a community of experienced workers and has tools to help you find what you're good at. an ally for real possibilities. aarp
to further boost their economy. kim appreciates this policy shift and says she no longer dwells on the past. >> i pray for my people, vietnam people, all the time. and i'm so happy that they continue changing the new generation. they learning a lot and the country need to be changed. >> reporter: because of the bombing and because of that picture, life hasn't been easy for kim. she says she wants to draw on her experiences to help create a better world. >> if everyone can learn to live with love, with hope and forgiveness, if everyone can learn that, we don't need war at all. right. and the challenge is for everyone is that little girl can do it. so everyone can do it too. >> reporter: she's told her story for three decades. and she's determined to keep telling it to people around the world. takafumi terui, nhk world, tokyo. >>> the wae weather may have a negative effect. robert speta has more. >> the weather is really a big part of the the clean up efforts here in southern china. in the next 24 hours we're seeing scattered rain showers out here in this heavily impacted region. the good new
by a saggy economy, energy blackouts, and frustration from his labor union base. fewer than 900,000 signatures were needed to launch the recall. it took only 65 signatures and $3,500 to get on the ballot. aside from the two candidates a cast of more than 100 characters ended up on the ballot from the famous arnold schwarzenegger arianna huffington, and larry flynt, to the onabsurd. a primary system that now rewards the top two vote getters regardless of party, and taking responsibility for drawing district boundaries away from lawmakers and giving it to state -- senator's panel. joining me now is joe garofoli. welcome back into "the war room." >> i object to calling gary coleman absurd. >> michael: yeah you could have said what are you walking about? how did this turn into this major recall. >> there was a very low turnout for the previous election very nasty where gray davis was up for reelection so the bar was low to have a recall. you had the energy crisis people thought davis bungled it he passed a vehicle license fee to raise money, because the economy w
with ink from chase. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. tlont is eviden tonight there is growing evidence that the older brother tamerlan was the leader. briern todd is "out front" live in boston right now. you have information on the visit which was bizarre by the accounts of everyone who was there that day, right? >> reporter: sure was, erin. it was actually the second outburst he had in a couple of months. officials at that mosque are telling us the first came in november when he confronted someone during a service, someone speaking at the mosque. that confrontation was not as clear and not as inflammatory as the one that came in january. this is january 18th on a friday. this was right around the time of the martin luther king holiday. officials at that mosque, the islamic society of boston tell us at that time someone was giving a sermon at the mosque and extolling the virtues of martin luther king junior and saying that mohammad and king were men people should emulate and that was too much for tamer
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in setting up obamacare. why didn't they, john? it is their law. >> it is 1/6 of the economy and it has a lot of moving parts and frankly i think we reached the point where bureaucratic government, 20th century style can handle something this complex without proper price signals and proper market signals. the health care industry is a mess. half of it is paid are by the government. they set prices for the other half which is privately managed. i don't think it works, health savings accounts and health plans and extending people a lifeline if they get really seriously sick the we need to send market signals. right now this thing is a train wreck and there is nothing --. bill: that is your solution. what's theirs? >> their solution is we should trust them to make it work. and maybe after a few years it will work but right now everybody is confused. and of course the problem with these democrats foresee is the 2014 midterm elections are coming and if obamacare isn't perceived as working, people are going to say, i'm upset. i'm mad. remember, president obama promised americans, if you like your h
for your family's future? we'll help you get there. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> well, flags are flying at half-staff, but boston is returning to the hustle and bustle of every day life in a lot of respects. the massive manhunt for the second bombing suspect put the city on lockdown friday. businesses, schools, the transit system, they were all shut down for a time. we're live from beth israel hospital here in boston. give us a sense of how things are returning to normal. >> anderson, i can tell you it's finally nice to see boston as it should be. some of the sights and sounds i'm seeing here, there's cars, there's traffic. you hear the honking you normally hear on a monday morning. people are out and about right now on their lunch hour. they're going to restaurants that perhaps haven't been opened over the past several days. and then i hear construction workers in a nearby building. anderson, there's definitely the sense people are back at it, work, school, whatever they might normally be up t
. al, what do you make of that? we were given that they were at least clawing back. >> the economy is never as good as people say it is. the housing market is never as good as people say it is, think of this, we have interests below 4%, f most to go out get a mortgage, housing market should be streaming back we're seeing a large percentage of sales dominated by visitors, there is still a foreclosure crisis going on, unemployment is still high we have not by any stretch of the imagination seeing what seem people call a recery. neil: we're well off the matt from lows. any trend or any improving trend looks good. when it is disrupted we feel bad. >> no, but i think that al's comment, ner as good as they say it is but never as bad, whole market has been en few fuego, have a tried to get a motorrage lately. -- mortgage lately. i tell you, they are not lending credit, and demand is not there for creditworthy borrows either, because people are not making more money, and businesses are not hiring. neil: tomorrow, you are jumping gun we talking about proctologists who offer mortgages. >> i
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of household 1.4%. there is a huge gap. and the companies are doing well the economy is picking up the middle class is still stuck. why is the economy stock? >> you spoke to a wide variety of spectrum from the the very rich to those in the middle class and the working class. they all share this concern which is surprising to me that i would think that the upper class feels insulated? certainly, they feel as though the enormous amounts of money they are making city group compared the inequality of wealth in america to it 16th century spain. this is the bank, itself. and yes, i was surprised myself. and i am talking about the jewish community center on monday night, uc-berkeley on tuesday. i've spoken to labor groups, and some extremely wealthy people in florida, north in virginia. almost everywhere were all i find is that it is deeply trouble is that there's something really wrong in this country. yes, there is an exception and acceptance of inequality of income but now, it is 400 times the top one person is getting thicker% of the capital gains from the capital market. that is they're getting
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) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> welcome back to our special edition of newsroom. i'm wolf blitzer reporting live from boston. people are returning to work this morning, buses are back in service, the trains are running. and as you look around the city, there is -- everybody is beginning to get strong. in fact there is a notion of boston strong. you see the signs all over the place. just last night, major league baseball, players association for boston red sox management, they announced they would donate at least $600,000, maybe $700,000, to assist victims and families affected by the bombings at the end of the boston marathon. dzhokhar tsarnaev could be charged today for his alleged role in the bombings. and actions afterwards. justice department officials tell cnn he'll likely face federal terrorism charges, possibly state murder charges, as well. our senior legal analyst jeffrey toobin is joining us to give us perspective. labels tsarnaev as an enemy combatant, what would that mean if that were
the u.s. economy is going to be 3% larger. bad news is nothing's changed other than the way we calculate the size of the u.s. economy. >> oh, my goodness. >> great. >> thanks for being here. you added a lot. mika, thank you so much. mika, you're going to try to make the jump? >> no. well, maybe. we'll see. >> maybe the surface. we'll see. >> i like the surface. using it to cover myself. >> a.j., phone home. it's way too early, what time is it, mike? >> it's time for "morning joe." right now other than a.j. clementi's first day on the job, the most important thing is it's time for chuck todd. >> now. >>> the surviving boston bombing suspect starts to answer investigators' questions. legal experts and lawmakers debate his rights. this morning we're talk to the top lawyer at the acclu. congressman peter king who says the suspect should be treated like an enemy combatant. >>> back in washington senator marco rubio tries to steer his party to an immigration deal. some veteran republicans raise new questions and an up and comer could end up being a roadblock the size of texas. >>> in the wake
, engineers, whatever, are able to get her because they have the skills the american economy needs. jon: well as this bill moves through the senate and on into the house, presumably we will continue to follow it here on fox. karl rove, thank you. >> you bet, jon. jenna: the case against the boston marathon bombing suspect, why there are growing calls to be treated as a so-called enemy combatant. there are arguments for both sides. we'll break it down. new calls on chechen terror groups including past attacks like this one in a moscow theater more than 10 years ago. a brutal, brutal attack that got worldwide attention. there are questions surfacing today, how the groups may have influenced the boston suspects if at all. what you need it know, next. [ man ] excuse me miss. [ gasps ] this fiber one 90 calorie brownie has all the deliciousness you desire. the brownie of your dreams is now deliciously real. jenna: right now a whole lot of legal questions surrounding the marathon legal attack and case against suspect dzhokhar tsarnaev will play out. a growing number of lawmakers are calling for him
is talking about a spring swoon for the economy. isn't spring a time for revival and resurrection. let's bring in our ace investor to get his forecast on the potential swoon. jeff klein, chief strategist, one of the best of the best. good to see you, jeff. why is it so gloomy all of a sudden? golly, this is not like last year. you a saw the housing numbers today, home sales off a tiny bit, but 11/12% price increases year on year, that's totally different from prior years. >> it is right, the housing situation is better. the auto sales are good. there are a lot of things in much better shape. but the market is all about expectations. the fact is economic data as solid as it has been lately has come in weaker than expectation, so have profits and importantly revenues lately. it's not that we see them falling off a cliff, if expectations got a little too high or rosy, it's funny, larry, as we looked at this year back at the end of last year, we laid out scenarios, a bulk case, down the middle base case, stocks have taken the bull path. bonds are kind of right in the middle. it's interesti
get there. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. from the united states postal service a small jam maker can ship like a big business. just go online to pay, print and have your packages picked up for free. we'll do the rest. ♪ >>> welcome back to a special edition of "newsroom," live from boston. i'm wolf blitzer reporting. today, the fbi faces a grilling on capitol hill over the boston bombings, lawmakers want to know if the agency missed vital clues two years ago. that's when agents interviewed the older suspect, tamerlan tsavraev, at the request of the russian government. cnn's national political correspondent jim acosta joins us from washington now with what's going on. a lot of frustration, a lot of what ifs, could if this boston magnificent y massacre been prevented? those are the questions that will be brought forward today. >> that's right, wolf. it will be playing out on capitol hill. the senate intelligence committee has set a hearing for 2:30 this afternoon with fbi officials, they will be
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